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Vote on Second Reading of Budget today: Rebel MPs ratchet up pressure on SLPP

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Prof. Peiris

… Govt. confident of mustering majority

by Shamindra Ferdinando

Dissident SLPP MPs yesterday (20) asked the ruling party whether it would back what it called President Ranil Wickremesinghe’s deplorable revenue proposals when Parliament vote on the Second Reading of the Budget is held today (21).

The rebel group said that the move to privatise even the profit-making enterprises, such as Sri Lanka Insurance and SLT and the increase of Value Added Tax (VAT) from 15% to 18 with effect from January 01, 2024 would worsen the economic crisis, rebel spokesperson and former minister Prof. G.L. Peiris said.

Referring to parliamentarian Namal Rajapaksa’s criticism of the Budget presented by President Ranil Wickremesinghe in his capacity as the Finance Minister on Nov 13, the top rebel spokesperson urged key SLPPers not to skip the vote. The former External Affairs Minister said that the SLPP’s stand today would help the public to ascertain the situation on the ground.

At the onset of the briefing, the former top law academic said that the approval for the Budget would entirely depend on the SLPP, the largest single political party in the current Parliament.

 The debate on the Second Reading of the Budget that commenced on Nov 14 would be concluded today and the vote on the Second Reading of the Budget held at 6 pm, Prof. Peiris said.

The Committee Stage debate, or the Third Reading debate on the Budget, is scheduled to begin tomorrow (23) and will continue until December 13. The vote on the Third Reading of the 2024 Budget is scheduled to be held on December 13 at 6 pm.

Prof. Peiris insisted that the SLPP couldn’t under any circumstances vote for Wickremesinghe’s Budget as the key proposals were contrary to its policies.

The SLPP voted for Wickremesinghe’s interim Budget for 2023 presented on Sept. 2, 2022, a day after IMF announced it would provide a loan of USD 2.9 bn to be released over a period of four years. Sri Lanka received the first tranche of the loan in Sept 2023. Since then the facility has been suspended.

Of 225 MPs, 115 voted for Wickremesinghe’s interim Budget and two MPs of the All Ceylon Tamil Congress (ACTC) voted against, whereas the main Opposition Samagi Jana Balawegaya (SJB) and other political parties, including the JVP, abstained.

Political sources said that though there had been differences between President Wickremesinghe and the SLPP over the non-appointment of more of its members to the Cabinet, the party would definitely back the Budget. Sources pointed out that both State Ministers of Finance were SLPPers, Shehan Semasinghe and Ranjith Siyambalapitiya and there was no question over those serving the Cabinet and the party voting for the Budget. The group included three member MEP parliamentary group consisting of Premier Dinesh Gunawardena, State Minister Sisira Jayakody and National List MP Yadamini Gunawardena.

Sources said that the government was confident of a comfortable victory though attempts were being made to cause turmoil.

SLPP lawmaker Anura Priyadarshana Yapa yesterday told The Island that the country is in such a desperate situation political parties have to sensibly ascertain the situation. “We’ll decide tomorrow of our stand,” the former minister said. Yapa’s group consists of MPs John Seneviratne, Dr. Sudarshini Fernandopulle and Priyankara Jayaratne.



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“We Are Building a Stable, Transparent and Resilient Sri Lanka Ready for Sustainable Investment Partnerships” – PM

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Prime Minister Dr. Harini Amarasuriya addressed members of the Chief Executives Organization (CEO) during a session held on Thursday [3 February 2026] at the Shangri-La Hotel, Colombo, as part of CEO’s Pearl of the Indian Ocean: Sri Lanka programme.

The Chief Executives Organization is a global network of business leaders representing diverse industries across more than 60 countries. The visiting delegation comprised leading entrepreneurs and executives exploring Sri Lanka’s economic prospects, investment climate, and development trajectory.

Addressing the gathering, the Prime Minister emphasized that Sri Lanka’s reform agenda is anchored in structural transformation, transparency, and inclusive growth.

“We are committed not only to ensuring equitable access to education, but equitable access to quality education. Our reforms are designed to create flexible pathways for young people beyond general education and to build a skilled and adaptable workforce for the future.”

She highlighted that the Government is undertaking a fundamental pedagogical shift towards a more student-focused, less examination-driven system as part of a broader national transformation.

Reflecting on Sri Lanka’s recent political transition, the Prime Minister stated:

“The people gave us a mandate to restore accountability, strengthen democratic governance, and ensure that opportunity is not determined by patronage or privilege, but by fairness and merit. Sri Lanka is stabilizing. We have recorded positive growth, restored confidence in key sectors, and are committed to sustaining this momentum. But our objective is not short-term recovery it is long-term resilience.”

Addressing governance reforms aimed at improving the investment climate, she said:

“We are aligning our legislative and regulatory frameworks with international standards to provide predictability, investor protection, and institutional transparency. Sustainable investment requires trust, and trust requires reform.”

Turning to the recent impact of Cyclone Ditwa, which affected all 25 districts of the country, the Prime Minister underscored the urgency of climate resilience.

“Climate change is not a distant threat. It is a lived reality for our people. We are rebuilding not simply to recover, but to build resilience, strengthen disaster mitigation systems, and protect vulnerable communities.”

Inviting CEO members to consider Sri Lanka as a strategic partner in the Indo-Pacific region, she highlighted opportunities in value-added mineral exports, logistics and shipping, agro-processing, renewable energy, pharmaceuticals, and innovation-driven sectors.

“We are not looking for speculative gains. We are seeking long-term partners who share our commitment to transparency, sustainability, and inclusive development.”

She further emphasized collaboration in education, research, vocational training, and innovation as essential pillars for sustained economic growth.

Concluding her address, the Prime Minister expressed appreciation to the Chief Executives Organization for selecting Sri Lanka as part of its 2026 programme and reaffirmed the Government’s readiness to engage constructively with responsible global investors.

The event was attended by the Governor of the Western Province,  Hanif Yusoof, and other distinguished guests.

[Prime Minister’s Media Division]

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Prez AKD congratulates BNP’s Tarique Rahman on B’desh election win

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President Anura Kumara Dissanayake has extended his congratulations to the Bangladesh Nationalist Party (BNP) and its leader, Tarique Rahman, following their landslide victory in Bangladesh’s parliamentary elections.

“Best wishes to the people of Bangladesh for reaffirming their faith in democracy, and congratulations to Mr. Tarique Rahman on leading the BNP in these elections. The results reflect the trust placed in him. I look forward to strengthening ties between our two nations,” President Dissanayake said, in a post on ‘X’.

The Bangladesh Nationalist Party won a landslide parliamentary election on Friday, securing a resounding mandate in a pivotal vote that is expected to restore political stability in the South Asian nation.

The parliamentary election held on Thursday was Bangladesh’s first vote since the 2024 Gen Z-driven uprising that toppled long-time premier Sheikh Hasina.

Opinion polls had given BNP an edge, and the party lived up to the forecasts, with the coalition it dominates winning 209 seats to secure an overwhelming two-thirds majority in the 300-member Jatiya Sangsad, or House of the Nation, Jamuna TV showed.

Soon after it won a majority in the overnight vote-count, the party thanked and congratulated the people and called for special prayers on Friday for the welfare of the country and its people.

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Massive Sangha confab to address alleged injustices against monks

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A major Sangha conference will be held on February 20 at 2 PM at the All Ceylon Buddhist Congress (ACBC) Headquarters in Colombo, bringing together both monastic and lay communities to discuss concerns over alleged injustices against Buddhist monks, the Buddha Sasana, and the nation.

Speaking at a press conference in Colombo on Thursday (12), Roshan Maddumage, Deputy Chairman of the ACBC, said the primary aim of the conference is to highlight misconduct and draw government attention to these matters.

ACBC Chairman Chandra Nimal Wakishta emphasized that the country’s legal system appears to operate inconsistently. He noted that while police officers involved in the assault of a Catholic priest were prosecuted and jailed, no investigation has been conducted into police officers accused of assaulting Buddhist monks in Trincomalee.

Wakishta stressed that the Sinhala Buddhist community has historically not engaged in violence or promoted hatred. He added that the Maha Sangha play a central role in guiding and protecting the country and the state, and that harassment or attacks on monks indirectly harm the nation as a whole.

He explained that the decision to convene the Sangha conference stems from the urgency of addressing these serious concerns, with the event expected to serve as a platform for dialogue between the clergy, lay followers, and government representatives.

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